Seafood Restaurant

$375,000.00

File Number-#0626 | Location-Oakland County, MI. | Gross Sales-$720,000 (2024 Projections) | Cash Flow-TBD | Business Price-$375,000 | Down Payment-$175,000

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File Number-#0626 | Location-Oakland County, MI. | Gross Sales-$720,000 (2024 Projections) | Cash Flow-TBD | Business Price-$375,000 | Down Payment-$175,000 | Monthly Payment-$2,426.55 | Interest Rate/Amortization-8% int., amortized over 120 months, balloon due in 60 months | License Required-Sales, Food | Inventory Value-$18,000 | Employees Full Time-4 | Employees Part Time-6 | Date Established-3/2024 | Hours of Operation-Mon-Sat 11am-9pm | Rent-$4,216 Gross | Lease Period-8/2029 | Reason for Sale-Health

This is a great opportunity to own a new, Seafood Restaurant in Oakland County. Established 3/2024, this restaurant is located on a highly traveled road situated between 4 major cities and one of the busiest business districts of Oakland County. All equipment is in “like-new” condition and maintained regularly. Great Seafood Menu! This 2,300 sq. ft. restaurant seats 80 inside & 20 on the outside patio. Plenty of residential and commercial properties in the surrounding areas. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding daily specials, live entertainment, opening Sundays for New Orlean’s Brunch, adding a bar with Class C Liquor License, adding a website, corporate catering and hosting private parties, you have HUGE potential. This restaurant cost more than $500,000 to build! No expense was spared in build out!  This is a turn-key operation that needs a new owner/operator to take it to the next level and beyond.  Location alone is a homerun! Seller will train and entertain all reasonable offers! A must see/must have business that will not disappoint or last long.  Seller’s health forces sale!